WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Shares Sold by Bislett Management LLC

Bislett Management LLC lowered its position in shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Free Report) by 5.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,110,000 shares of the company's stock after selling 60,000 shares during the period. WillScot Mobile Mini makes up approximately 26.3% of Bislett Management LLC's portfolio, making the stock its largest position. Bislett Management LLC owned about 0.60% of WillScot Mobile Mini worth $37,130,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in WSC. Norges Bank acquired a new position in WillScot Mobile Mini during the 4th quarter worth $97,734,000. Franklin Resources Inc. lifted its stake in WillScot Mobile Mini by 34.4% in the fourth quarter. Franklin Resources Inc. now owns 10,314,494 shares of the company's stock worth $345,020,000 after acquiring an additional 2,639,559 shares during the last quarter. Van Berkom & Associates Inc. purchased a new stake in shares of WillScot Mobile Mini in the 4th quarter valued at approximately $58,855,000. Brown Brothers Harriman & Co. lifted its position in shares of WillScot Mobile Mini by 182,738.4% during the 4th quarter. Brown Brothers Harriman & Co. now owns 837,400 shares of the company's stock worth $28,011,000 after purchasing an additional 836,942 shares during the last quarter. Finally, Douglas Lane & Associates LLC increased its holdings in WillScot Mobile Mini by 379.1% in the fourth quarter. Douglas Lane & Associates LLC now owns 997,693 shares of the company's stock valued at $33,373,000 after buying an additional 789,445 shares during the last quarter. Hedge funds and other institutional investors own 95.81% of the company's stock.

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Insider Transactions at WillScot Mobile Mini

In related news, Director Erik Olsson sold 110,307 shares of WillScot Mobile Mini stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $30.19, for a total value of $3,330,168.33. Following the sale, the director now directly owns 626,306 shares in the company, valued at $18,908,178.14. This trade represents a 14.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Timothy D. Boswell bought 5,000 shares of the business's stock in a transaction on Thursday, March 13th. The stock was purchased at an average price of $29.14 per share, with a total value of $145,700.00. Following the completion of the transaction, the chief operating officer now directly owns 34,156 shares of the company's stock, valued at $995,305.84. This trade represents a 17.15 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 3.30% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on WSC. Barclays cut their target price on WillScot Mobile Mini from $40.00 to $34.00 and set an "equal weight" rating on the stock in a research report on Friday. Robert W. Baird cut their price target on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a "neutral" rating on the stock in a research note on Monday, March 10th. Oppenheimer decreased their price objective on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an "outperform" rating for the company in a research note on Monday, March 10th. Finally, Morgan Stanley upgraded WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $40.00 to $50.00 in a research report on Tuesday, December 17th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $42.00.

WillScot Mobile Mini Trading Down 0.9 %

Shares of WSC stock traded down $0.22 during mid-day trading on Tuesday, hitting $23.77. 901,649 shares of the company's stock were exchanged, compared to its average volume of 2,663,569. WillScot Mobile Mini Holdings Corp. has a fifty-two week low of $21.91 and a fifty-two week high of $44.50. The stock has a 50-day simple moving average of $32.59 and a two-hundred day simple moving average of $35.29. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. The stock has a market cap of $4.36 billion, a price-to-earnings ratio of 158.94, a PEG ratio of 2.18 and a beta of 1.25.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.01. The company had revenue of $602.52 million during the quarter, compared to the consensus estimate of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. Equities analysts expect that WillScot Mobile Mini Holdings Corp. will post 1.77 EPS for the current fiscal year.

WillScot Mobile Mini Announces Dividend

The firm also recently announced a -- dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Wednesday, March 5th. WillScot Mobile Mini's dividend payout ratio is presently 186.67%.

About WillScot Mobile Mini

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.